• Dow Jones Industrial Average falls as Wall Street's volatile week continues

    23 days ago - By ETF Daily News

    From Fred Imbert : Stocks alternated between gains and losses on Friday as Wall Street concluded a roller-coaster week.
    The Dow Jones Industrial Average traded 63 points higher after falling 150 points earlier in the day. The S&P 500 was up 0.2 percent along with the Nasdaq Composite. Gains in Apple, Amazon, and Netflix lifted the tech-heavy Nasdaq. Both the Nasdaq and S&P 500 were also lower earlier on Friday.
    On Thursday, the Dow closed 260 points higher after falling as much as 611 points. That reversal marked the 30-stock index's biggest intraday turnaround in eight years. The S&P 500...
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  • The recent stock volatility is ‘abnormal,' says manager of $200 billion pension fund

    23 days ago - By ETF Daily News

    From Fred Imbert : Ailman's comments come after the Dow Jones Industrial Average erased a 611-point loss to close solidly higher.
    “The volatility we saw earlier in October and November, I went on and said that was expected.... But the last few days are abnormal because the machines are really picking over more than human beings,” says CalSTRS Chief Investment Officer Christopher Ailman.
    Investors should be careful as the recent spike in market volatility is far from normal, according to the manager of the California State Teachers' Retirement System, which has more than $200 billion in...
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